For our websites to work correctly, it is necessary to have Javascript turned on.

We use Cookies to improve our services. You can get more detailed info on their use and settings here.
OK

We have noticed that you have an ad blocking tool switched on. Revenues from Ads help our site to bring you more information about Slovakia. If you visit our website regularly, you can support us by adding us on the list of unblocked websites (whitelist). Thank you.
✖

Production begins at new Kia engine plant

Kia Motors Slovakia launched production of petrol engines at its new plant in Teplička nad Váhom (Žilina Region) on Thursday, September 29, with Prime Minister Iveta Radičová in attendance at the official ceremony, the TASR newswire reported. The investment, worth €100 million, will boost production capacity from 300,000 to 450,000 engines per year, with 270 jobs being created.

Kia Motors Slovakia launched production of petrol engines at its new plant in Teplička nad Váhom (Žilina Region) on Thursday, September 29, with Prime Minister Iveta Radičová in attendance at the official ceremony, the TASR newswire reported. The investment, worth €100 million, will boost production capacity from 300,000 to 450,000 engines per year, with 270 jobs being created.

Radičová highlighted the importance of the investment for northern Slovakia. "It's not only the total of 1,000 jobs as of the first quarter of next year and all the new jobs in the new plant. It's, first and foremost, thousands of jobs in subcontracting firms," said the prime minister. "And I was pleased to learn that many car parts for Kia Motors are supplied by Slovak firms," she added.

"This is a significant year for us. We produced what was our millionth engine back in May," said Myung-Chul Chung, the president and chief executive of Kia Motors Slovakia.

Source: TASR

Compiled by Zuzana Vilikovská from press reportsThe Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

30. Sep 2011 at 10:00

Get daily Slovak news directly to your inbox

Thank you for singing up. Shortly an email will be sent to the address you provided to verify your e-mail.

Error! Please try to register again later, your e-mail was not registered.